Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Wofo.....apologies those are old figs!!
Wolfo.....you are wrong
Top 10 Most Shorted UK Stocks
Company Percentage of
stock held short Number of funds
shorting the stock
Hammerson 13.1% 9
Metro Bank 9.6% 4
Royal Mail 9.4% 8
Premier Oil 8.7% 3
Tullow Oil 8.4% 6
Cineworld 7.5% 8
Carillion 7.2% 6
Pearson 6.6% 6
Domino’s 5.5% 7
Petrofac 5.4% 5
I am afraid that this is now prime for a buy out. Valuation of the company is 800M. Kamanis take it private easily at this price!!
In auction......!! Long auction too!
You are correct Gyr
T4G is correct......below is extract from RNS
Acquisition of remaining 34% minority stake in prettylittlething.com Limited
boohoo (AIM: BOO), a leading online fashion group, is pleased to announce the acquisition of the remaining 34% of shares in prettylittlething.com Limited ("PLT") from its minority shareholders (Umar Kamani and Paul Papworth) for an initial consideration of £269.8 million, potentially rising to £323.8 million. The acquisition is expected to be significantly earnings enhancing on a fully diluted basis with immediate effect.
Transaction rationale and financial impact
By acquiring the remaining 34% stake in PLT today, the Group is taking an important further step towards achieving its vision to lead the fashion e-commerce market globally by accelerating full ownership of a brand that is in high growth with enormous growth potential ahead of it, in a transaction that creates significant value for the Group's shareholders. After this acquisition and with its growing platform of wholly owned, innovative fashion brands, the Group believes it can continue to successfully disrupt the international markets it operates in today, whilst retaining a strong balance sheet in order to take advantage of numerous M&A opportunities that are likely to emerge in the global fashion industry over the coming months.
Since the Group acquired its initial 66% stake in PLT on 3 January 2017, the brand has gone from strength to strength as part of the Group's multi-brand platform; generating £516 million of net sales in the year ending 29 February 2020 vs. £55 million in the year ending 28 February 2017, which represents a CAGR of 111% in this timeframe. In the last financial year, PLT's statutory after tax profit totalled £45.2 million, and its adjusted after tax profit totalled £47.2 million. The Group intends the senior management team at PLT, including Umar Kamani and Paul Papworth, to remain in their current roles and continue focusing on developing PLT into a global brand.
In the Group's most recent financial year ending 29 February 2020, it generated an adjusted after tax profit of £86.0 million, with Adjusted Net Income to Shareholders of £69.9 million; the difference (£16.0 million) being the minority shareholders' 34% interest in the adjusted after tax profits of PLT. Going forwards, this figure will be fully consolidated from the date of completion, and as a result, the group expects the acquisition to be significantly earnings enhancing on a fully diluted basis with immediate effect.
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Max......you know as well as I do that it is not down!!!! Problem with LSE !! Check short tracker...which I am sure you have already done!!
Agree!!
Looks like Wace have closed their short!!
More than likely a 'delayed' purchase early this morning.....and that is why the SP has probably risen so much since this am!!
https://uk.sports.yahoo.com/news/buying-boohoo-shares-now-trying-073941835.html
Why regurgitate old news PP1? You obviously sold out and are bitter? If you DID sell out then you obviously made a substantial profit from your original purchase? So why so bitter? I am a long term holder also (only 70,000 shares.)....but will hold for some considerable time as I don't (like what you intimated in earlier posts)...need the cash now.....I can hold for a number of years if necessary....but unlike you I DO believe the SP will rise back to new highs eventually!!
Unfortunately the shorts are not actually down from 3.61 to 3.09. Worldquant reduced their short from 0.52 down to 0.46.....so below the 0.5% threshold which is generally 'tracked'. So if it was recorded as 0.46 shorttracker would have 3.55 showing.
Why not stick to posting on ABF chat then? Unbelievable that you should spend so much time ranting on this forum when not invested in the slightest. Why do you think that the Khamanis are trying to screw shareholders......Yes they cashed out a portion of their holdings, however the family still own 15% of the Company and they are actually down (theoretically) BIllions!!!! It is not interest in the slightest to wish for a low SP. They built up Boo from nothing and through their drive and commitment run a company with over £2Billion of sales........That is some achievement in 5 or 6 years.
https://www.lse.co.uk/ShareShortPositions.asp?shareprice=BOO&share=Boohoo
Long Auction!!!!!!!!!!!!!!!!!!!!!!!!!!!
Now in auction!!!
Now down to 2.86. However Wace increased their short again on 17th and so did AKO on 16th... May be closing some now!!
Mool. On 6th December it was 4.2Milion -Shares on loan...right to recall.